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India: Orient Cement reports loss of US$166.9m for 3Q ended 31 Dec

CK Birla group firm Orient Cement today reported narrowing of its net loss on standalone basis to INR11,210m (US$166.9m) for the third quarter ended on 31 December 2016.

 It had reported a net lo...
News - 06 February 2017

India: five cement producers to appeal the CCI order

Five of the seven cement companies which were fined by the Competition Commission of India (CCI) in January, for alleged bid rigging of a 2012 tender put out by the Haryana government, will appeal...
News - 06 February 2017

Bhutan: Dungsam Cement resumes cement supplies to dam projects

Dungsam Cement Corporation (DCCL) has resumed the supply of cement to two major hydropower projects in Bhutan after deliveries were halted for 10 days, Kuensel Online reports. Contractors worki...
News - 03 February 2017

India: Birla rebrands Reliance Perfect Cement

Since acquiring Reliance Cement Co, Birla Corporation Ltd has rebranded the Reliance Perfect Cement brand as MP Birla Perfect Cement and launched it in the central Indian market. Kolkata-based ...
News - 01 February 2017

India: Shree Cement board approves new 3Mta plant

Shree Cement Ltd on Monday said its board had approved a plan to build a 3Mta plant in Karnataka at a cost of INR18,000m (US$265.3m). The proposed plant is expected to be ready by the quarter end...
News - 31 January 2017

India: Grasim Industries' 3Q net profit rises 14 per cent

Grasim Industries reported a net profit of INR728,200m for the December quarter, up 14 per cent from INR640,470m on a YoY basis, helped by better realisations at its viscose staple fibre business...
News - 31 January 2017

India: labourers at Teriyklam cement seek payment

Teriyklam cement factory has been accused by a Member of the Legislative Assembly (MLA) of not paying 42 labourers their wages for the past few months, from three villages of Odisha’s Ganjam. Dig...
News - 31 January 2017

India: Malabar Cements Ltd official is arrested

Prakash Joseph, legal officer of public sector Malabar Cements Ltd, was arrested on Monday by the Vigilance and Anti-Corruption Bureau (VACB), reports the Hindu. Malabar Cements Ltd is estimated ...
News - 31 January 2017

India's Central Pollution Control Board issues waste guidelines

India's Central Pollution Control Board (CPCB) has issued guidelines to ensure that millions of tonnes of hazardous, municipal, industrial and agro-waste is properly recycled and used in cement pl...
News - 30 January 2017

India Cements Ltd announce 3Q16 profits of US$519.6m

India Cements Ltd registered net profit at INR35,340m (US$519.6m) for the third quarter ending 31 December 2016 in the back of strong sales volume and lesser cost of production. The cement compa...
News - 30 January 2017